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Global Meat Extracts Market - Forecasts from 2020 to 2025

  • ID: 5238709
  • Report
  • December 2020
  • Region: Global
  • 120 pages
  • Knowledge Sourcing Intelligence LLP

FEATURED COMPANIES

  • Bhagwati Chemicals
  • Carnad Natural Taste
  • Givaudan
  • Haco Holding AG
  • Henan Yong Da Foods
  • Inthaco Co., Ltd.
  • MORE
The global meat extract was evaluated at US$18.907 billion for the year 2019.

Meat extract generally refers to the products which has a portion of animal flesh for flavoring or to make the product nutrient-rich or to preserve it. The use of the extracts is seen widely among the industry verticals in food, beverages, and medicine, and supplements. With the transition in market dynamics over the period of time, the demand for the meat extracts is expected to surge due to rapid urbanization, fast working routine people in metro cities across the globe, and a decline in food preparation and consumption time. Moreover, the foods are now seen to be grown under artificial environments and techniques which increases the volume of the natural food items such as fruits and vegetables but on the cost of quality which falls below the benchmark to provide adequate minerals and vitamins to people. Such issues with food products can be compensated with the use of meat extracts supplements. Meat extracts are not only limited to humans but are also included in cattle and various pets feed such as dogs and fishes.

The market has been segmented based on source type primarily as chicken, beef, pork, fish, and. By Product Form as Powder, Paste and others, By Applications Food Products, Pharmaceuticals, and Others, On the basis of distribution into Offline and online. Based on the geography into North America, South America, Europe, Middle East and Africa, and Asia-pacific pacific regions in order to cover the global market prospects.

In the situation of the Covid-19 pandemic, the demands for the processed and certified meat extracts were on the uptrend as people have minimized the usage of raw or fresh meat because of the association of the virus with animal meat. Though, oils/syrups/ tablets continued to prove themselves as to its best alternative which is economic in terms of money, time, and efforts as not preparation and maintenance needed for the same.

Lack of immunity among the growing population increases the demand for meat extracts

With the negative market externalities such as population, climate change, reducing of forest covers directly and indirectly it is having its effects on the health of the people. A sedentary lifestyle on the other hand drastically reduces the immunity of population across the globe which leads them to fall short of nutrients and vitamins to fight against infections. Such shifts in the health status quo of the population require supplements and food, which are abundant of nutrients given that even the daily routine diet is contaminated with unwanted substances. In order to increase the yield of products derived from animals, meat extracts are often used in their diets to keep the cattle or pets healthy and free from contagious infections.

A ready source of collagen in cosmetics preservation and medical use

Collagen which is the substance used to build cell tissues in humans and animals is highly regarded in cosmetics and is termed as the main ingredient in products such as face creams, body lotions, and many others, Collagen and thus meat extract is not only limited to cosmetics but also important to the medical field. However, its usage within various ethnicities remains controversial because of religious interference which might affect its demand among a fraction of the market.

Need for proper regulations and compliance to stop the proliferation of fake meat extracts products for providing true value utility for the consumers

As per FDA, United States there are meat extract supplemented products that are not recognized and do not contain the ingredients displayed upon the label or are of exact proportions despite of charging exorbitant amounts from the customers. The department has cautioned consumers to look for standardized and certified variants of any sort of meat extracts as adulterated content might cause allergies if consumed. This exploitation of consumers and rotation of fake products in the market needs to be halted by having proper checks in place. Moreover, regular monitoring and inspection must be undertaken at the premises of the manufacturers of meat extract products by the concerned government officials.

Regional Analysis

Regionally, the Asia Pacific region is projected to hold a substantial market share during the next five years. The key factor supporting the high demand for meat extracts in the region is the presence of a considerably large population base in countries like China and India among others. Moreover, rapid urbanization and industrialization play a major role in supporting the market growth in the countries, thus positively impacting the growth of the APAC meat extracts market over the next five years,

Segmentation

By Source
  • Chicken
  • Beef
  • Pork
  • Fish
  • Others
By Product Form
  • Powder
  • Paste
  • Others
By Distribution Channel
  • Offline
  • Online
By Applications
  • Food Products
  • Pharmaceuticals
  • Others
By Geography
  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • Germany
  • France
  • Spain
  • United Kingdom
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Others
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Others
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bhagwati Chemicals
  • Carnad Natural Taste
  • Givaudan
  • Haco Holding AG
  • Henan Yong Da Foods
  • Inthaco Co., Ltd.
  • MORE
1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Global Meat Extract Market Analysis, By Source
5.1. Introduction
5.2. Chicken
5.3. Beef
5.4. Pork
5.5. Fish
5.6. Others

6. Global Meat Extract Market Analysis, By Product Form
6.1. Introduction
6.2. Powder
6.3. Paste
6.4. Others

7. Global Meat Extract Market Analysis, By Distribution Channel
7.1. Introduction
7.2. Offline
7.3. Online

8. Global Meat Extract Market Analysis, By Applications
8.1. Food Products
8.2. Pharmaceuticals
8.3. Others

9. Global Meat Extract Market Analysis, By Geography
9.1. Introduction
9.2. North America
9.2.1. North America Global Meat Extract Market, By Source, 2019 to 2025
9.2.2 North America Global Meat Extract Market, By Product Form, 2019 to 2025
9.2.3. North America Global Meat Extract Market, By Distribution Channel, 2019 to 2025
9.2.4. North America Global Meat Extract Market, By Applications, 2019 to 2025
9.2.5. By Country
9.2.5.1. United States
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. South America
9.3.1. South America Global Meat Extract Market, By Source, 2019 to 2025
9.3.2. South America Global Meat Extract Market, By Product Form, 2019 to 2025
9.3.3. South America Global Meat Extract Market, By Distribution Channel, 2019 to
2025
9.3.4. South America Global Meat Extract Market, By Applications, 2019 to 2025
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.2. Argentina
9.3.5.3. Others

9.4. Europe
9.4.1. Europe Global Meat Extract, By Source, 2019 to 2025
9.4.2. Europe Global Meat Extract, By Product Form, 2019 to 2025
9.4.3. Europe Global Meat Extract, By Distribution Channel, 2019 to 2025
9.4.4. Europe Global Meat Extract, By Applications, 2019 to 2025
9.4.5. By Country
9.4.5.1. Germany
9.4.5.2. France
9.4.5.3. Spain
9.4.5.4. United Kingdom
9.4.5.5. Others
9.5. Middle East and Africa
9.5.1. Middle East and Africa Global Meat Extract, By Source, 2019 to 2025
9.5.2. Middle East and Africa Global Meat Extract, By Product Form, 2019 to 2025
9.5.3. Middle East and Africa Global Meat Extract, By Distribution Channel, 2019 to 2025
9.5.4. Middle East and Africa Global Meat Extract, By Applications, 2019 to 2025
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.2. UAE
9.5.5.3. Others
9.6. Asia Pacific
9.6.1. Asia Pacific Global Meat Extract, By Source, 2019 to 2025
9.6.2. Asia Pacific Global Meat Extract, By Product Form, 2019 to 2025
9.6.3. Asia Pacific Global Meat Extract, By Distribution Channel, 2019 to 2025
9.6.4. Asia Pacific Global Meat Extract, By Applications, 2019 to 2025
9.6.5. By Country
9.6.5.1. China
9.6.5.2. Japan
9.6.5.3. India
9.6.5.4. South Korea
9.6.5.5. Others

10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix

11. Company Profiles
11.1. Givaudan
11.2. International Dehydrated Foods, Inc.
11.3. Haco Holding AG
11.4. Titan Biotech
11.5. Bhagwati Chemicals
11.6. Carnad Natural Taste
11.7. Kanegrade Limited
11.8. Inthaco Co., Ltd.
11.9. Henan Yong Da Foods
11.10 JBS USA
Note: Product cover images may vary from those shown
  • Givaudan
  • International Dehydrated Foods, Inc.
  • Haco Holding AG
  • Titan Biotech
  • Bhagwati Chemicals
  • Carnad Natural Taste
  • Kanegrade Limited
  • Inthaco Co., Ltd.
  • Henan Yong Da Foods
  • JBS USA
Note: Product cover images may vary from those shown
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